About TGWNX
TCW Emerging Markets Local Currency Income Fund Class N is a mutual fund focused on generating a high total return through both current income and capital appreciation. The fund achieves its objective primarily by investing in debt securities issued by governments, government agencies, and corporations within emerging market economies, with a significant emphasis on holdings denominated in local currencies. This approach provides exposure to both the fixed-income opportunities and currency dynamics of developing markets, diversifying beyond traditional U.S. dollar-based investments. The fund’s portfolio spans a range of regions—including Latin America, Eastern Europe, Africa, the Middle East, and Asia—with notable allocations to countries such as India, Mexico, Indonesia, and Brazil. It falls under the emerging-markets local-currency bond category, requiring at least 65% of assets to be invested in such bonds. Managed by an experienced team, the fund is non-diversified and is structured to balance credit quality with moderate interest rate sensitivity, allowing for flexibility in adapting to evolving market conditions. TCW Emerging Markets Local Currency Income Fund Class N plays a key role for investors seeking targeted exposure to the growth potential and income streams of emerging market debt.
Fund Family TCW
Category Emerging-Markets Local-Currency Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TGWNX
Share Class Class N
Index JPM GBI-EM GD
TGWNX had a total return of 8.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.57%.
